I have waited for too long time to finally be able to buy my first digital SLR-camera, which has to be a Canon due to all the lenses I have since before. I was quite interested in 5DMII when i tcame but when it was revealed that the video functions were not the best I put everything on hold hoping that a new camera would come later on.
As I'm still heading for a full framer I wonder if the newer DMII's have been uppgrade with better firmware/functions making it worth while buying? My goal is to get rid of my old heavy video camera and have a modern SLR instead. Would appreciate if some one with experience could tell me what the difference with old and new 5DMII is today? The price is definetly very appealing.
Hard to say what is right for you. I came in from a similar angle last year. I had been postponing going digital (with my SLR) for several years because things just didn't seem to be quite there yet or were too expensive (given that I had to start from scratch since my old Canon FD system is not really compatible with anything serious). A fat bonus last year and the availability of the 5DII at a more reasonable price point made me take the plunge. Haven't regretted it for one second. Is everything 100% perfect and the way I would want things? No. But what really is? It's pretty close to perfect even.
As far as video capability goes: I have no idea and have never used it. For video I prefer designated video cameras and based on what I've read from other people would caution anyone to think of a DSLR as a replacement for that. Yes, these cameras can deliver stunning results that due to the sensor size and high ISO capabilities look very film like under certain conditions. And I see why video pros with a larger budget are drawn to these options (likely in addition to other cameras). For good results it appears you need a lot of expensive additional gear (viewfinders/screens, steady-cam frames, a well thought out selection of specialized lenses, audio gear, etc). Not sure if that makes it really cheaper or lighter in the end compared to what you may be using now.
For photography the 5DII is one of a few available alternatives that will be as good or better (depending how you look at various aspects) as your current 35mm film cameras (guessing that you have an EOS film body plus EF lenses right now). In fact, I find it so good that I've been tossing around the idea of getting a second body given the current discounts putting it at around $2000. I don't expect to see anything new coming out any time soon that would be more interesting for me.